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united stat states -- spending cuts we are enacted by the house they voted for. >> the obama deficit. >> you cannot point to democrats and say you're not supporting spending cuts, rite in the president's offer. what you don't understand, i think, is that boehner won't bring this stuff to a vote because he knows the majority of house members, democrats and republicans combined actually want to support a deal as those 200 plus ceos want. what he's doing is political self-preservation, he thinks, because if he doesn't get a majority of his majority under the old gingrich practice, he thinks he will lose his speakership. the country should come first and boehner should bring it to a vote and if he doesn't, he should not be speaker of the house. >> where is the hunt over the next few days for compromise. if you think it's doable, maybe david won't be happy with it but happy enough. >> probably exactly what we've always been talking about, taxes for $250,000 and above and serious spending cuts and any promise on either the debt ceiling and/or medicare. >> do we get a promise on the debt ce
united stat states -- spending cuts we are enacted by the house they voted for. >> the obama deficit. >> you cannot point to democrats and say you're not supporting spending cuts, rite in the president's offer. what you don't understand, i think, is that boehner won't bring this stuff to a vote because he knows the majority of house members, democrats and republicans combined actually want to support a deal as those 200 plus ceos want. what he's doing is political self-preservation,...
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Dec 27, 2012
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president obama ran not on spending cuts, but on tax increases for the wealthy. it's something that's going to happen next monday anyway or tuesday regardless of whether the president does anything or there's a deal or not. because it's just going to expire. >> he's known that all along. >> but the republicans ran on spending cuts. so they're the ones that ran on this. why don't they put up their spending cuts? the president didn't run on that. and the irony is when he did mention spending cuts, $716 billion in medicare cuts during the campaign, mitt romney and paul ryan and all the republicans, who wanted to do the exact same thing he did, they jumped on his case for proposing cuts to medicare. so how can you negotiate with a party that isn't serious about its own caucus, and isn't capable of controlling them and doesn't have a serious plan for dealing with spending cuts on its own, because it's afraid to take the heat? nobody wants to cut spending. let's just admit that. but if we're going to do it, somebody's got to take the heat and the republicans have been
president obama ran not on spending cuts, but on tax increases for the wealthy. it's something that's going to happen next monday anyway or tuesday regardless of whether the president does anything or there's a deal or not. because it's just going to expire. >> he's known that all along. >> but the republicans ran on spending cuts. so they're the ones that ran on this. why don't they put up their spending cuts? the president didn't run on that. and the irony is when he did mention...
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Dec 26, 2012
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you can't cut spending your way out of this. you can't grow your way out of this. >> another 2 million people will lose their jobs. unemployment will go to over 9%. why would you do that? >> president obama is meeting with high profile chief executive officers today. >> we don't legislate but we know a lot about the consequences of failing to reach an agreement. >> we're here to support putting america back to work. >> we have to make sure that taxes don't go up on middle class families, that we're creating jobs. >> it's time for the president and democrats to get serious about the spending problem that our country has. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. >> how about we stop all the press conferences, statements, speeches. stop the personal and political attacks. >> people have a lot of different views. i'm willing to compromise a little bit. >> the president keeps opening doors for the speaker to go through and the action that the speaker announced, he is slamming the door in the p
you can't cut spending your way out of this. you can't grow your way out of this. >> another 2 million people will lose their jobs. unemployment will go to over 9%. why would you do that? >> president obama is meeting with high profile chief executive officers today. >> we don't legislate but we know a lot about the consequences of failing to reach an agreement. >> we're here to support putting america back to work. >> we have to make sure that taxes don't go up on...
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Dec 29, 2012
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but mostly the other effect it has is that we're not cutting spending because we're spending too much money. and that sends a very bad signal. if we're not going to do entitlement reform, because every time we talk about it obama says, no, let's raise taxes instead, now we're dealing with tens of trillions of dollars of unfunded liabilities that were not -- for four years obama's done nothing on entitlement reform. nothing, nothing, nothing, for four years. a lot of golf. nothing on entitlement reform. what has he done? chirped about raising taxes on rich people. raising taxes on rich people is what obama talks about instead of doing his job. so it's -- there are two costs to this. one, if you take money out of savings and investment, which is what you're doing with this, it doesn't help, it reduces the incentives to save, invest, and work. and the other thing you do is you never get to reform government entitlements. >> that's not causal, though. >> it is, it is, absolutely. >> it's not. >> you live in new york. i live in d.c. >> yeah. >> washington. this is all causal. the reason he
but mostly the other effect it has is that we're not cutting spending because we're spending too much money. and that sends a very bad signal. if we're not going to do entitlement reform, because every time we talk about it obama says, no, let's raise taxes instead, now we're dealing with tens of trillions of dollars of unfunded liabilities that were not -- for four years obama's done nothing on entitlement reform. nothing, nothing, nothing, for four years. a lot of golf. nothing on entitlement...
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Dec 26, 2012
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>>> we told you last hour president obama is spending his last few hours in hawaii before returng early to washington. he's expected to arrive tomorrow, just five days ahead of the fiscal cliff, which includes an across the board tax hike that congress has tried but failed to undo. cnn's dana bash is with us from washington, our senior congressional correspondent. we spoke last hour. you told us that hour speaker john boehner was to convene this conference call to decide whether or not to call the house back into session. we know the senate is supposed to convene, but nothing can, of course, take place until the house is in session as well. do we know the results of that conference call? will boehner reconvene the house? >> reporter: i'm told by a source familiar with the call, which just happened within last hour, as you said, that no decision was made on the schedule or timing for the house. as we talked about an hour ago, the leaders in the house have promised the members that they won't be called back without 48 hours notice. so at this point it is wednesday afternoon, they won't ev
>>> we told you last hour president obama is spending his last few hours in hawaii before returng early to washington. he's expected to arrive tomorrow, just five days ahead of the fiscal cliff, which includes an across the board tax hike that congress has tried but failed to undo. cnn's dana bash is with us from washington, our senior congressional correspondent. we spoke last hour. you told us that hour speaker john boehner was to convene this conference call to decide whether or not...
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Dec 31, 2012
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and the democrats to spend while reining is in. >> i'm not sure how effectively they use it. 517 days ago and that's why we're in the mess we are in. >> i want to show you marginal tax rates around the world. highest tax rate people pay on the marginal money they earn. when we talk about increasing taxes, we talk about increasing it above a threshold. the united states is not the highest on the list. the united kingdom is on this list and this isn't all the countries out there. both canada and germany have higher marginal tax rates than the yits does. germany and canada have borrowing rates about the same as the united states and have higher home ownership rates. they have health care and education paid for. great life satisfaction in those places and strong economies. what's the argument if we increase the tax rates on the richest americans, we're somehow going to have economic catastrophe. >> ali, as you know when people pay taxes, they not only pay it at the individual level, but capital gains and other taxes, first you earn money and then you invest it in companies and if you take
and the democrats to spend while reining is in. >> i'm not sure how effectively they use it. 517 days ago and that's why we're in the mess we are in. >> i want to show you marginal tax rates around the world. highest tax rate people pay on the marginal money they earn. when we talk about increasing taxes, we talk about increasing it above a threshold. the united states is not the highest on the list. the united kingdom is on this list and this isn't all the countries out there. both...
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Dec 28, 2012
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. >>> president obama summoning congressional leaders to the white house, 3:00 this afternoon is the date for one final fiscal cliff showdown. just four days left to get this deal done or massive tax hikes and spending cuts will kick in. >>> the u.s. embassy clearing out of an african nation this morning. deteriorating security in the central african republic has forced the u.s. state department to temporarily suspend operations. there the u.s. ambassador, his diplomatic team and some private american citizens are out of the capital. the country's president has asked france and the united states for help to stop rebels that threaten rule. >>> it's not clear who will replace lisa jackson as the head of the environmental protection agency. jackson announced yesterday she's stepping down in january after the president's state of the union address. the epa created new standards for air pollution from coal power plants on her watch. >>> massachusetts congressman ed ma markey throwing his hat into the ring for kerry's senate seat. a special election would be held early this summer. markey
. >>> president obama summoning congressional leaders to the white house, 3:00 this afternoon is the date for one final fiscal cliff showdown. just four days left to get this deal done or massive tax hikes and spending cuts will kick in. >>> the u.s. embassy clearing out of an african nation this morning. deteriorating security in the central african republic has forced the u.s. state department to temporarily suspend operations. there the u.s. ambassador, his diplomatic team...
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Dec 27, 2012
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more than just about obama and romney, it was about socialism and capitalism, about spending and cutting, about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it, until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> don't miss our "top 10 of 2012" special. cnn revisits the biggest stories of the year in money, crime, politics, and even scandals. that's cnn, sunday night, 8:00 eastern. >>> happening now, members of congress are called back to work with time running out to avoid the fiscal cliff. we'll meet one man who's reaching into his own pockets to help america ease its enormous debt. and we're learning how north korea deceived the world, to launch a rocket with the ability to strike the u.s. wolf blitzer is off. i'm candy crowley. you're in "the situation room." >>> on the surface, you might think there's new movement toward avoiding the fiscal cliff that starts making an impact just five
more than just about obama and romney, it was about socialism and capitalism, about spending and cutting, about what kind of role government should have in your life. >> number one is the fiscal cliff. lawmakers saw it coming, but didn't bother to pay any attention to it, until after the election. had they put politics aside and dealt with it earlier, who knows how strong the u.s. economy would be right now. >> don't miss our "top 10 of 2012" special. cnn revisits the...
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Dec 30, 2012
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the government cannot keep spending money. we need a vacation for michelle and obama. stop that. let's have them pay their own after a share. that applies to lobbyists and anybody traveling for private reasons. this stuff is being run by amateurs. i thank you so much for being able to talk to you. we have a class warfare. it is not right. everybody should go to church and say a prayer to god. host: dawn from california. -- don from california. a column from washington times -- he notes that the bottom line is this -- congressman darrell issa in "the washington times." will go to the democrat line, charles from texas. caller: first, i have a question. this morning when i was watching the news, did i understand that congress is getting a raise next year? host: we will have a story on that later. caller: i think they should lead by example. they need to take a pay cut if we are taking pay cuts. we need to stop foreign aid all the way around. host: will that be enough to solve the debt problem? caller: know, there needs to be tax increases and spending cuts, but i do not think it has
the government cannot keep spending money. we need a vacation for michelle and obama. stop that. let's have them pay their own after a share. that applies to lobbyists and anybody traveling for private reasons. this stuff is being run by amateurs. i thank you so much for being able to talk to you. we have a class warfare. it is not right. everybody should go to church and say a prayer to god. host: dawn from california. -- don from california. a column from washington times -- he notes that the...
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Dec 28, 2012
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i get tired of hearing obama was campaigning about we need to get a hold on spending. yet he comes back around with a $1.2 trillion budget. the other thing is harry reid has not voted on over 40 bills the republicans and put up there. he blames the republicans. i stopped you were supposed to bring bills up there and talk about them and vote on them. they have not passed a budget in over four years. why are they not being held responsible for that? guest: i think that's the beauty of being senate majority leader is you get to decide what comes to the floor and what does not. that's what makes him such a powerful figure. it's a complaint with your often from republican leaders in the house is the senate legislation that would help the deficit, in their view, would create more jobs, and the democrats incentive not acted. the democrats in the senate say they are partisan bills that don't have democratic support and we disagree with what their impact would be, so we are not going to vote on them. that's why the majority leader harry reid -- or senate leader harry reid will
i get tired of hearing obama was campaigning about we need to get a hold on spending. yet he comes back around with a $1.2 trillion budget. the other thing is harry reid has not voted on over 40 bills the republicans and put up there. he blames the republicans. i stopped you were supposed to bring bills up there and talk about them and vote on them. they have not passed a budget in over four years. why are they not being held responsible for that? guest: i think that's the beauty of being...
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Dec 29, 2012
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the obama administration has some ability to blunt the effect of those cuts, but there are lot of people in the republican party especially for upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. and the democratic side, the estate tax could be a problem. republicans are insisting that the estate tax stay at current .evels, which is exemp many democrats would like to see -- in january, it is scheduled to go up automaticalldramatically. most democrats want to see something in the middle. they are adamant that we cannot exempt states as large as $5 million. >> lori montgomery, do we expect anything going on today, and if not, when is the earliest the senators will come back and recession tomorrow? >> the senate is due back in at 1:00. the house is due in at 6:30. the house is the big question mark here. as for today, it is an excellent question. the senate is not in. the house is not in. my understanding is we're going to have basically everyone working quietly to see if we can reach an agreement co. i will b
the obama administration has some ability to blunt the effect of those cuts, but there are lot of people in the republican party especially for upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. and the democratic side, the estate tax could be a problem. republicans are insisting that the estate tax stay at current .evels, which is exemp many democrats would like to see -- in january, it is scheduled to go up...
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Dec 27, 2012
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have been -- >> we're going to go now to andrews air force base with air force one burning president obama back. he is in route to the white house today after celebrating christmas in hawaii with his family. he is returning early from his holiday to address to andrews air issues of the fiscal cliff. speaker boehner said that the senate must act first. senators are in session right now. there is the plane landing. this is live coverage on c-span. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> and we have been watching the president's return to join based andrews. andrew to the white house now after celebrating -- he is on his way to the white house doctor celebrating christmas in hawaii with his family. he is traveling with the latest appointed senator to replace daniel inouye. he will be sworn in today in the senate. the president has returned early from his christmas vacation to work on avoiding the fiscal cliff, a series of tax increases and spending cuts set to take effect on january 1st. last night, the president call
have been -- >> we're going to go now to andrews air force base with air force one burning president obama back. he is in route to the white house today after celebrating christmas in hawaii with his family. he is returning early from his holiday to address to andrews air issues of the fiscal cliff. speaker boehner said that the senate must act first. senators are in session right now. there is the plane landing. this is live coverage on c-span. [captioning performed by national...
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Dec 29, 2012
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so this is not just a president obama story. both when it comes to fundraising and to the strategic travel. president bush was spending so much time in ohio and florida and pennsylvania and there's alcs all sorts of coverage that this had to do the electoral college. and it's easier to say -- easy to say this is electorial related but i want to look at it systemically and those states that ended up being battleground states for a president's re-election campaign did tend to get more visits from the population alone would have predicted and the same is true for new hampshire and iowa. host: our first caller for brendan doherty comes from eric in seedertown, georgia, on our sign for democrats. caller: nothing was going on until the black man, president obama got to become president. mitt romney did not put any of his money into his campaign election. these are things -- these are rich millionaires and billionaires. they don't have to disclose how much money they are actually giving. so the electoral college was based on a certain
so this is not just a president obama story. both when it comes to fundraising and to the strategic travel. president bush was spending so much time in ohio and florida and pennsylvania and there's alcs all sorts of coverage that this had to do the electoral college. and it's easier to say -- easy to say this is electorial related but i want to look at it systemically and those states that ended up being battleground states for a president's re-election campaign did tend to get more visits from...
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one way to get the government to spend less is to spend more to stimulate the economy. what obama was trying is serious stimulus to boost the economy. if you think of the federal government that is someone that has to balance its books, that is the obama approach and i think it is a good one. host: lesley from missouri. caller: i helped barack obama become elected. i notice the nation is not behind him. they are not making the money that people at the top are making. when the people at the top try to negotiate will happen for the people at the bottom, there will be a constant setback of growth. when you have politicians not taking care of business, you have more outgrowth then you have income. right now our country has more outgrowth then income. if you don't have that overhead, you end up losing what you have. host: george zornick. guest: a lot of people like to talk about world aid. you could look at the defense budget. many liberals have tried to do that. it appears the defense sequester will be avoided. it is kind of tricky. it is an across-the-board cut. you have t
one way to get the government to spend less is to spend more to stimulate the economy. what obama was trying is serious stimulus to boost the economy. if you think of the federal government that is someone that has to balance its books, that is the obama approach and i think it is a good one. host: lesley from missouri. caller: i helped barack obama become elected. i notice the nation is not behind him. they are not making the money that people at the top are making. when the people at the top...
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Dec 28, 2012
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. $110 billion in annual spending cuts were agreed to under president obama as part of the debt ceiling negotiation. those begin on tuesday. we have the payroll tax cut in place for two years, takes about two percentage points off people's taxes, bill will end on monday. business tax breaks, bill will end on monday. the alternative minimum tax, which is confusing, but it would be a disaster if that was not taken care of, because it would raise the taxes of about 30 million americans for their 2012 income and 2013. and all the confusion could screw up the whole tax filing season. who knows when you will be filing your taxes, because the irs does not know which tax rates will be applied and who will be responsible for paying what. so it's going to be a mess if this is not handled quickly. host: if we are sitting here a month from now after the inauguration and there's still no final agreement on taxes, could that the label 15 -- guest: no doubt about it. secretary dieter even said that a few days ago. --secretary tim geithner. it could delay the tax filings. the government relies on augus
. $110 billion in annual spending cuts were agreed to under president obama as part of the debt ceiling negotiation. those begin on tuesday. we have the payroll tax cut in place for two years, takes about two percentage points off people's taxes, bill will end on monday. business tax breaks, bill will end on monday. the alternative minimum tax, which is confusing, but it would be a disaster if that was not taken care of, because it would raise the taxes of about 30 million americans for their...
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Dec 30, 2012
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those $700 billion, and all went to obama care. it was saved as part of a big spending program. here in washington people say cut while things grow. it is like having a freeze that is water and when it freezes, it expands. we have grown 100% in 12 years. the government is bigger and unless we do something now the government will continue to get bigger and the deficit will get bigger, even if we raise taxes on everyone there is still a huge deficit. if we do not take on spending, the fiscal cliff will be a downward slide to make us like greece, no longer a viable economic power. >> that was from the program " state of the union, close with this morning. a number of members of the house are point to try to make their way back for votes this evening at 6:30. the house taking up some 13 bills. here is how david hocking's of "congressional quarterly" termed this house session -- " >> nothing on the fiscal cliff, however. we will keep you posted on that. the senate gaveling out shortly for that caucus meeting in particular. taking a look at your twitter messages,-tag is fiscal cliff.
those $700 billion, and all went to obama care. it was saved as part of a big spending program. here in washington people say cut while things grow. it is like having a freeze that is water and when it freezes, it expands. we have grown 100% in 12 years. the government is bigger and unless we do something now the government will continue to get bigger and the deficit will get bigger, even if we raise taxes on everyone there is still a huge deficit. if we do not take on spending, the fiscal...
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Dec 31, 2012
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caller: i do not understand why president obama was doing at that rally. he needs to get in his car and go on down to the capital and try to figure out this mess. he himself and the democrats and republicans all equally created it. he is a democrat and he needs to take the leadership role and he has not done that. he does most to be the cheerleader and the champion. i am tired of the democrats'. host: ok, we will go to fort lauderdale, fla.. caller: i am very disappointed that the president has failed to be, has chosen to create an environment of blame, which is not good for anyone. we did not really have this class warfare before. there is all this talk, but nothing about the real issue which is the debt. i am more worried about the future generations, bankrupting the future generations. and by not dealing with entitlements, what are we going to do? and he always talks about how entitlements -- the cuts will not really be entitlement cuts for 10 years. there's a lot of scare factor here. there's a lot of misinformation caller:. -- there's a lot of misinfo
caller: i do not understand why president obama was doing at that rally. he needs to get in his car and go on down to the capital and try to figure out this mess. he himself and the democrats and republicans all equally created it. he is a democrat and he needs to take the leadership role and he has not done that. he does most to be the cheerleader and the champion. i am tired of the democrats'. host: ok, we will go to fort lauderdale, fla.. caller: i am very disappointed that the president has...
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Dec 29, 2012
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initiatives to cut spending. a lot of them thought the debt ceiling should not be increased under any circumstances and to that degree feel like i was. they basically believe their job is to obstruct barack obama and once there is a republican president in place from the two pass this initiative secreted better business climate, more and more deregulation committee funding of programs that have never quite been near and dear to them. of course to flash forward a day, i suspect we'll talk about the debt ceiling fiasco of 2011. after that summer undertaken to the brink of a fiscal cliff, the thinking on the house republican leader ship is maybe a tea party freshmen will go homehome, get yelled at by constituents and realize maybe compromise is not such a bad thing. they went home and the people who put at town halls tend to be that this is their party and those people tend to be tea party and they said why did video? you said you would not under any circumstances raise the debt ceiling. at best there's mixed messag
initiatives to cut spending. a lot of them thought the debt ceiling should not be increased under any circumstances and to that degree feel like i was. they basically believe their job is to obstruct barack obama and once there is a republican president in place from the two pass this initiative secreted better business climate, more and more deregulation committee funding of programs that have never quite been near and dear to them. of course to flash forward a day, i suspect we'll talk about...
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Dec 26, 2012
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now, obama comes in and wants to spend more and raise taxes. republicans are saying no. we would have a problem if obama hadn't increased the budget by a trillion dollars more a year. gerri: let's face it, whether you're talking about stimulus spending, obamacare, that's3 going to go through the roof, the things that you're going to pay for all this with higher taxes is lunacy, to say the least. on that note, we're going to have to leave it there. thank you for coming, grover. we hope to see you in the new year. christmas sales were weaker than expected. so now retailers have to give shoppers deeper discounts. in a new proposal to help struggling homeowners. don't worry, the government will take care of you. we will explain coming up next ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an all
now, obama comes in and wants to spend more and raise taxes. republicans are saying no. we would have a problem if obama hadn't increased the budget by a trillion dollars more a year. gerri: let's face it, whether you're talking about stimulus spending, obamacare, that's3 going to go through the roof, the things that you're going to pay for all this with higher taxes is lunacy, to say the least. on that note, we're going to have to leave it there. thank you for coming, grover. we hope to see...
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. >> look at his level of spending. stuart: look at $1 trillion deficit every year the last four years. >> the budget control act koch $1.5 trillion in spending. stuart: don't you get it? >> over ten year period. [talking over each other] stuart: i insist on this. president obama's plan cuts the deficit, it does not. it restrict future increases in the deficit. it is in the $24 trillion debt in 2015 will only be $20 trillion. [talking over each other] stuart: address the question. [talking over each other] >> let me answer you. we have a fundamental disagreement whether in a situation like this when the economy is of whether the government needs to cut spending. i do not believe it does. you believe it does. we have a fundamental difference how to proceed forward. stuart: what we need more than anything else is to stimulate the private sector and you don't do that with more spending and we need to control long-term entitlement spending. we have to reform entitlement programs. that would fix things. stuart: i agree with
. >> look at his level of spending. stuart: look at $1 trillion deficit every year the last four years. >> the budget control act koch $1.5 trillion in spending. stuart: don't you get it? >> over ten year period. [talking over each other] stuart: i insist on this. president obama's plan cuts the deficit, it does not. it restrict future increases in the deficit. it is in the $24 trillion debt in 2015 will only be $20 trillion. [talking over each other] stuart: address the...
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the obama plan, to the speakersi boehner plan, it will either o alter the rising rate of spending were less than the science of our bloated government. the answer in tonight "chalk [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. lou: you know, everybody's getting pretty excited about that fiscal cliff negotiation or impasse, however you want to3 style it. mayi want t showu, lou: everybody is getting re ofed about the fiscal clifft, negotiation. i thoughtht i would show you wht thuld happen if we change into thspeaker boehner plan, the president obama plan, let's start out with the do-nothing plan because that's the plan we0 hav
the obama plan, to the speakersi boehner plan, it will either o alter the rising rate of spending were less than the science of our bloated government. the answer in tonight "chalk [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their...
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Dec 25, 2012
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the obama plan, to the speakersi boehner plan, it will either o alter the rising rate of spending were less than the science of our bloated government. the answer in tonight "chalk talk" is coming up next you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, tato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. lou: you know, everybody's getting pretty excited about that fiscal cliff negotiation or impasse, however you want to3 style it. mayi want t showu, lou: everybody is getting re ofed about the fiscal clifft, negotiation. i thought i would show you what thuld happen if we change into the speaker boehner plan, the president obama plan, let's start out with the do-nothing plan because that's the
the obama plan, to the speakersi boehner plan, it will either o alter the rising rate of spending were less than the science of our bloated government. the answer in tonight "chalk talk" is coming up next you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. your soups are so...
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obama wants one thing and mr. boehner once anothesee and we will see a knockdown drag out fight any big dramatic of negotiation. what you and i and all americans are looking at is the prospect of a recession next year if thed president and mr. boehner can't come to agreement. as much as a 10% unemploymenttyn rate, because both as president and republican parties parties, as you can seema here, they aret playing at the margin in thecust national media is not focusing washit the reality is. they are just playing games. right along th the folks in washington. this president is guilty of class warfare. for hat? are you kidding me?ma. prident obama seems to love reat the drama. i thought he didn't like drama. the reality is that there will be so little impact on our fiscal future. the after all of the drama and whateeer the outcome, we remaih in great jeopardy. because this isn't a fiscals. future. this is not something that any of us want. don't you love it? a lame-duck session of congress. they areon the ones who hav
obama wants one thing and mr. boehner once anothesee and we will see a knockdown drag out fight any big dramatic of negotiation. what you and i and all americans are looking at is the prospect of a recession next year if thed president and mr. boehner can't come to agreement. as much as a 10% unemploymenttyn rate, because both as president and republican parties parties, as you can seema here, they aret playing at the margin in thecust national media is not focusing washit the reality is. they...
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Dec 25, 2012
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the obama plan, to the speakersi boehner plan, it will either o alter the rising rate of spending were less than the science of our bloated government. the answer in tonight "chalk talk" is coming up so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. lou: you know, everybody's getting pretty excited about that fiscal cliff negotiation or impasse, however you want to3 style it. mayi want t showu, lou: everybody is getting re ofed about the fiscal clifft, negotiation. i thought i would show you what thuld happen if we change into the speaker boehner plan, the president obama plan, let's start out with the do-nothing plan because that's the plan we0 have right now. the cbo estimates fiscal year 2013 deficit will be, well,lionf $104 trillion f
the obama plan, to the speakersi boehner plan, it will either o alter the rising rate of spending were less than the science of our bloated government. the answer in tonight "chalk talk" is coming up so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run...
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Dec 31, 2012
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that level of increased spending has continued with president obama every year since 09. stuart: hold on a second. can we please roll the sound bite of president obama and a trillion dollars worth of cuts. go. >> if you look at my track record over the last two years, i cut spending by over a trillion dollars in 2011. i campaigned on the promise of being willing to reduce the deficit in a serious way in a balanced approach of spending cuts and tax increases on the wealthy while keeping middle class taxes low. stuart: i think that was from met the press. -- meet the press. david: yes, it was. stuart: the president specifically said i have cut the deficit by 1 trillion dollars. david: he said i cut spending by 1 trillion dollars. stuart: by 1 trillion dollars. is that true? david: not at all. i'm looking in my hand. these are the figures from the department of treasury. spending 09, 3 trillion 500 billion. 2010, 3 trillion 500 billion. 2011, 3 trillion 600 billion. 2012, 3 trillion 538 billion. he has not cut a trillion dollars. where are those cuts? we just heard kirsten s
that level of increased spending has continued with president obama every year since 09. stuart: hold on a second. can we please roll the sound bite of president obama and a trillion dollars worth of cuts. go. >> if you look at my track record over the last two years, i cut spending by over a trillion dollars in 2011. i campaigned on the promise of being willing to reduce the deficit in a serious way in a balanced approach of spending cuts and tax increases on the wealthy while keeping...
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Dec 27, 2012
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it's the tab after the buffet of all that spending. so the irony is everyone in the beltway thinks it's so terrible we are going over the fiscal cliff because it's so irresponsible. well, ironically it's the opposite. the whole point of the fiscal cliff is when the fiscal cliff is cleared and we jump over it, we are getting rid of all the accounting game mix, the temporary stings of things that allow congress to pretend it's being fiscally responsible when it's not. what's going to happen? a lot of taxes will go up but taxes will go up on everybody, not injure the guy around the tree that's paying for everything but everyone will have to pay. and then folks will realize the government we are voting for costs us money too. >> that's the thing. if we don't go over the cliff and they don't reach a compromise, what will happen? they can't afford to keep spending like this. won't spending have to go down by virtue after compromise not being reached? spending will go down a little bit because of the sequester and 9 defense spending, what you
it's the tab after the buffet of all that spending. so the irony is everyone in the beltway thinks it's so terrible we are going over the fiscal cliff because it's so irresponsible. well, ironically it's the opposite. the whole point of the fiscal cliff is when the fiscal cliff is cleared and we jump over it, we are getting rid of all the accounting game mix, the temporary stings of things that allow congress to pretend it's being fiscally responsible when it's not. what's going to happen? a...
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Dec 30, 2012
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do you want the government to do nothing about spending? are you happy with obama care? most would say no. but in the end the choice was between a president who said things aren't great, but i'm going to still try to make them better, and a guy who he painted as not having a plan and not identifying with the average wants and needs of most middle class americans and in the end people decided to stick with the devil they knew rather than the one they didn't. >> so the republican defeat was big, but it wasn't overwhelming in the sense of a repute yags, in your view, of the republican platform or their agenda. >> no, and i think the reason -- look. this country did have the opportunity to once again hand controlled government to democrats. everyone in the house was up for re-election, and yet they continued to givene republicans the majority. they like divided government, and they have to look at the states who elected the very conservative governors who are doing the exact opposite of what barack obama is doing at the federal level. jay dan, there are real implications, co
do you want the government to do nothing about spending? are you happy with obama care? most would say no. but in the end the choice was between a president who said things aren't great, but i'm going to still try to make them better, and a guy who he painted as not having a plan and not identifying with the average wants and needs of most middle class americans and in the end people decided to stick with the devil they knew rather than the one they didn't. >> so the republican defeat was...
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the house was elected to protect the united states of additional obama care spipe types of spending . from the perspective it is it a char aid. he wants to raise tax for people with over $200,000 . patti murray tipped the president's hand when she said it is okay to go off the fiscal cliff . we get credit when we cut taxing back to the level they were before the cliff . it is it a political issue for them to attain their goalings. >> dave: some suggest that the president will be okay to go off the fiscal cliff . the president doesn't want sequestitration to go in into affect. hope they work it out. thank you for joining us from dc. coming up. unbelievably video of a plane crashed on a busy highway . we now know what likely caused the deadly crash . go ahead and down that champagne in the new year's bash. but what you can do today to make sure you don't have a hang over tomorrow. may attention. there's the sign to the bullpen. here he comes. you wouldn't want your doctor doing your job, the pitch! whoa! so why are you doing his? only yr doctor can determine if your persistent heartburn
the house was elected to protect the united states of additional obama care spipe types of spending . from the perspective it is it a char aid. he wants to raise tax for people with over $200,000 . patti murray tipped the president's hand when she said it is okay to go off the fiscal cliff . we get credit when we cut taxing back to the level they were before the cliff . it is it a political issue for them to attain their goalings. >> dave: some suggest that the president will be okay to...
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and spend and spend, to hit the debt ceiling and then go blowing through it. there may not be much conversation in washington between speaker boehner and president obama but the democrats control two third of this government. they might think about having a conversation among themselves, the senate and the president, to bring something that might have a chance of resolving these problems and maybe, they better think more about cutting spending before coming to us for more money. gregg: you know what, doug? karl rove wrote an op-ed in "the wall street journal" which he basically says, the president think it is all about him. the more mr. obama makes everything about him, the more stubborn he is likely to be when flexibility would be better. success requires adjustments, including a greater willingness to compromise and seek common ground with his opposition. fair point? >> oh, i think it is a fair point. i think it is a fair point on both sides. we had a framework that did what terry described. it was called bowles-simpson. the president didn't support it. paul
and spend and spend, to hit the debt ceiling and then go blowing through it. there may not be much conversation in washington between speaker boehner and president obama but the democrats control two third of this government. they might think about having a conversation among themselves, the senate and the president, to bring something that might have a chance of resolving these problems and maybe, they better think more about cutting spending before coming to us for more money. gregg: you know...
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president obama spending holidays in beautiful hawaii where reports now surfaced where he is looking to strike a smaller fiscal deal that would extend tax cuts for the middle class but not tackling any spending cuts. chief white house correspondent ed henry is live in honolulu with more. ed, for the first time, people like joe lieberman are saying i really think we'll go over the cliff. what do you hear? >> reporter: it's a real possibility, you're right. we're a week out. people on both sides have been talking this thing to death. it might need a christmas miracle at this point to avoid going off the cliff. the president scaled back plan basically would extend unemmoment benefits for two million people who will lose them a week after christmas if there is no deal. he also wants to extend tax cuts for 98% of americans. you heard him talk about that again and again. that level of $250,000 or less. the republicans have not afreed to that on the hill obviously. when you talk to folks like senator lindsey graham, they say the big issue is not taxes, it is spending cuts. take a listen. >>
president obama spending holidays in beautiful hawaii where reports now surfaced where he is looking to strike a smaller fiscal deal that would extend tax cuts for the middle class but not tackling any spending cuts. chief white house correspondent ed henry is live in honolulu with more. ed, for the first time, people like joe lieberman are saying i really think we'll go over the cliff. what do you hear? >> reporter: it's a real possibility, you're right. we're a week out. people on both...
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. >> they challenge the law meaning obama care will be a hot button issue in 2013. as 2012 winds down it resembles 2011 with republicans locked in another show down over taxes and spending with the average family caught in the middle. in washington craig boswell fox news. >>> 18 minutes after the top of the hour. will you feel safer in 2013. the top five threats we need to watch out for in the new year. >> the top spot you don't want to have it is the worst movie of the year. we will tell you which one it was. hopefully you didn't see it. >> welcome back. it is 21 after the top of the hour. here are quick headlines for you. an f-16 fighter jet similar to this one crashed during a training mission in california. the luckily the pilot was able to eject before the jet crashed in owens valley 100 miles east of fresno. he is said to be okay. no one rauz hurt. the cause is unkerr investigation. >> sandy hook elementary students have been off of school since the tragic. in the meap time the commu -- m the community is helping them to get out of the house. there have been f
. >> they challenge the law meaning obama care will be a hot button issue in 2013. as 2012 winds down it resembles 2011 with republicans locked in another show down over taxes and spending with the average family caught in the middle. in washington craig boswell fox news. >>> 18 minutes after the top of the hour. will you feel safer in 2013. the top five threats we need to watch out for in the new year. >> the top spot you don't want to have it is the worst movie of the...
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they realize that if there is no deal that gets done, we go over the fiscal cliff or the obama cliff and everything that gets kicked into gear, higher tax rates, some of the spending cuts, sequestration, probably good for the economy, which i believe is, but also he can come back in after the first of the year, sometime in january or february and say, let's pass some tax cuts for people making under $250,000 a year, like i've wanted to do all along and he gets to own tax cuts. it's very, very politically senator to do this on his part. on right, they really, really needed to be one voice and they just couldn't get to that. >> kelly: he divided the republicans as charles krauthammer alluded to, saying that's what the president wanted to do, to divide the republicans. senator john barrasso has something to say about the president, saying he may have wanted to do this all along, go off the fiscal cliff. >> i think that he sees a lot of cuts to the military, which the democrats have been after for a long time. and then he gets to do what he loves to do, which is blame republicans. my con
they realize that if there is no deal that gets done, we go over the fiscal cliff or the obama cliff and everything that gets kicked into gear, higher tax rates, some of the spending cuts, sequestration, probably good for the economy, which i believe is, but also he can come back in after the first of the year, sometime in january or february and say, let's pass some tax cuts for people making under $250,000 a year, like i've wanted to do all along and he gets to own tax cuts. it's very, very...
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heather: simon, response to the part about spending cuts, and what is spending cuts is the obama administration talking about, guaranteed spending cuts? >> they already accepted a trillion dollars in domestic spending cuts in next 10 years. they put on the table additional cuts in medicare and social security not as much as republicans want but clearly they have moved on that. and i also think there will be substantial defense cuts, if we want to make a dent in the deficit. i mean this is the choice that is going to be in front of us. if, we have to do four things if we want to reduce the deficit. we have to get more revenue, we have to cut domestic spending, we have to trim and reform the health care programs in particular of medicare and medicaid and we have to cut defense. if we do all four of those things we can make significant down payment getting deficit under control. if we do some of them, the numbers are not there enough to make as much progress as we want. this is where mark and i agree. over next six to nine months we could see substantial progress towards smart fiscal policy in the
heather: simon, response to the part about spending cuts, and what is spending cuts is the obama administration talking about, guaranteed spending cuts? >> they already accepted a trillion dollars in domestic spending cuts in next 10 years. they put on the table additional cuts in medicare and social security not as much as republicans want but clearly they have moved on that. and i also think there will be substantial defense cuts, if we want to make a dent in the deficit. i mean this is...
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in spending cuts and tax increases. speaker boehner even had to withdraw the so-called plan b measure in the house that would raise taxes on millionaires, but keep them low for everyone else because there just wasn't enough gop support in the house. but even after all that, the speaker says this weekend he thought lawmakers could still steer us away from the fiscal cliff. >> of course, hope springs eternal. and i know we have it in us to come together and do the right thing. we'll continue to work with our colleagues and the congress and the white house on a plan that forgets families and businesses. >> we don't know if president obama will make it back to hawaii to finish his family vacation. we're told it all depends how negotiations go. back to you. >> gretchen: peter doocy live in d.c thanks very much. >> rick: are you ready for your taxes to go up? we've been talking about the fiscal cliff and we know that potential huge tax increase for us. even if they come up with a way, your taxes are going up. >> clayton: beca
in spending cuts and tax increases. speaker boehner even had to withdraw the so-called plan b measure in the house that would raise taxes on millionaires, but keep them low for everyone else because there just wasn't enough gop support in the house. but even after all that, the speaker says this weekend he thought lawmakers could still steer us away from the fiscal cliff. >> of course, hope springs eternal. and i know we have it in us to come together and do the right thing. we'll...
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heather: coming up president obama facing another key test as he approaches the start of his second term. the ongoing battle now turning to america's ports, as a strike deadline fast approaches. doug mcelway live from washington. doug, the complaints of longshoreman whose strike was temporarily averted last week is kind of a symbol of what is threatening unions all across the nation, right? >> it really is heather, the longshoreman have been threatened by automation. it takes one longshoreman to do a job in the early 1960s it took three men to do. as automation has increased the longshoreman's union demanded their job security be plea served. the shipping industry worked out a deal where longshoreman would be paid a fee based on the weight of every container this a ship carries. but the industry finds it prohibitive lee expensive. >> antiquated work rules we've seen in it automotive industry, in the steel industry where efficient will see and new productive machines can come into play and people get displaced by that. it's been a difficult thing but it's one of the things that in order t
heather: coming up president obama facing another key test as he approaches the start of his second term. the ongoing battle now turning to america's ports, as a strike deadline fast approaches. doug mcelway live from washington. doug, the complaints of longshoreman whose strike was temporarily averted last week is kind of a symbol of what is threatening unions all across the nation, right? >> it really is heather, the longshoreman have been threatened by automation. it takes one...
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obama said he'd have preferred a bigger deal that included spending cuts. >> a grand bargain, whatever you want to call it, that solves our deficit problems in a balanced and responsible way, that doesn't just deal with the taxes, but deals with the spending in a balanced way so that we can put all this behind us and just focusing on growing our economy. >> reporter: the president said with this conference, by which he meant this partisan conference, that's too much to hope for. early this morning after the senate vote he released a statement that read in part, this agreement is the right thing to do for our country, and the house should pass it without delay. we'll wait and see if that actually happens today, rick. rick: okay. so if republicans compromised on spending cuts and tax hikes for the wealthiest, what did the president give up? >> reporter: well, his compromise was in raising the income level protected from tax hikes from 250 to $450,000 a year for families, and more importantly, making the tax cuts permanent. that is something president bush wasn't able to do back in the ea
obama said he'd have preferred a bigger deal that included spending cuts. >> a grand bargain, whatever you want to call it, that solves our deficit problems in a balanced and responsible way, that doesn't just deal with the taxes, but deals with the spending in a balanced way so that we can put all this behind us and just focusing on growing our economy. >> reporter: the president said with this conference, by which he meant this partisan conference, that's too much to hope for....
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president obama believed and the democrats believe they have a mandate after the election. now, a mandate, you know, depends what you call a mandate. the election was not really close, but it wasn't also a grand slam for the democrats either. so there's a real difference in who -- what the mandate is here. and democrats don't feel they need to compromise. i think they think if we go over the fiscal cliff, they will have even stronger negotiating power. that remains to be seen because oftentimes when taxes go up and there is something that hits the economy really hard and puts it into a tailspin, it's the president who takes the blame. so i think even the president is wondering who's going to foot the blame for this one. but at this point i think the democrats feel they have the upper hand at this moment. if they hold tight, they will force the republicans to capitulate. i don't see that happening. i think both sides are really going to have to give in before we get a final deal. jon: so we'll have to see, you know, which side wins the battle of public opinion or which of th
president obama believed and the democrats believe they have a mandate after the election. now, a mandate, you know, depends what you call a mandate. the election was not really close, but it wasn't also a grand slam for the democrats either. so there's a real difference in who -- what the mandate is here. and democrats don't feel they need to compromise. i think they think if we go over the fiscal cliff, they will have even stronger negotiating power. that remains to be seen because oftentimes...
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spending cuts could also be canceled. ahead of those talks, plenty of blame is being spread around already. >> john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> hopefully there's time for an agreement of some kind. >> speaker john boehner called the house back into session for a highly unusual sunday evening session just in case. >>> an unexpected consequence of the fiscal cliff stalemate could mean sticker shock at your grocery store. milk prices could soon spike to $8 a gallon. wow. congress has been so bogged down with the fiscal cliff, the farm bill is still on the table. if congress does not pass it, dairy subsidies would immediately end on january 1, and those subsidies have been keeping milk prices low for 63 years. >>> the price of curbside parking in chicago is going up january 1. parking meters will charge $6.50 an hour in the downtown area. chicago will have the highest parking meter rates in the country, taking the dubious distinction away from
spending cuts could also be canceled. ahead of those talks, plenty of blame is being spread around already. >> john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> hopefully there's time for an agreement of some kind. >> speaker john boehner called the house back into session for a highly unusual sunday evening session just in case. >>> an unexpected consequence of the fiscal cliff stalemate could mean...
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>> reporter: president obama insists his plan on the table is fair. and it includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations don't pan out, the president says he's ready to propose his own scaled-back tax bill that would block tax increases for all but the wealthy and preserve expiring unemployment benefits. >> for those of us who invest in the stock market, it's disgusting to watch them jockey around with our money. >> reporter: missing in all the last-minute negotiations is talk of the $1.2 trillion of mandatory spending cuts scheduled to go into effect tuesday. cbs news, washington. >> if the government does go over the cliff, the impact on the aviation industry could be disastrous and it could have a domino effect on the economy. the transportation security administration could lose about 7% of its budget and more than 7,000 security officers. airline safety would not be affected, but passengers could face longer waits at security. the fa
>> reporter: president obama insists his plan on the table is fair. and it includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations don't pan out, the president says he's ready to propose his own scaled-back tax bill that would block tax increases for all but the wealthy and preserve expiring unemployment benefits. >> for those of us who invest in the stock market,...
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mcconnell and biden get along much better than mcconnell does with president obama. in the last 24 hours, the administration has given ground on raising threshold for income tax rates and estate tax rates, but also demanded much more in new government spending the republicans are comfortable with. it's that division between spending and taxes that continues to divide both sides, and that is the one thing that may prevent a deal from being achieved in the final hours as we get nearer to the fiscal cliff. >> major garrett, thank you. senator is live on capitol hill. >> thanks for having me. >> if there's a deal today, why would you vote to extend tax cuts if there are no new spending cuts? >> that's the exact thing. the real problem is the spending. if you want to raise taxes -- and the president promised in the campaign he wanted to do that -- it's to pay down on the deficit. there's no evidence of any of that. that's a major sticking point. the democrats are divided on tax rates, on the death tax, on taxes on small business and the republicans are holding firm that y
mcconnell and biden get along much better than mcconnell does with president obama. in the last 24 hours, the administration has given ground on raising threshold for income tax rates and estate tax rates, but also demanded much more in new government spending the republicans are comfortable with. it's that division between spending and taxes that continues to divide both sides, and that is the one thing that may prevent a deal from being achieved in the final hours as we get nearer to the...
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obama wants congress to take the lead in getting the job done. the senate convenes later today and senate majority leader harry reid told members to be prepared to address fiscal cliff issues through the weekend. reid is working on his own plan to get lawmakers to come together before the end of the year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short term spending cuts instead of the massive long-term cuts that would happen if there is no deal. after our wednesday conference call, house republican leaders issued a statement saying they were waiting for the democratic controlled senate. the house will take this action on whatever the senate can pass they said but the senate first must act. in a sign of public frustration over the lack of a deal the coffee giant starbucks is asking employees in approximately 120 washington area cafes to write the words "come together" on cups for drink orders. >> we just wanted to have a subtle message of coming together and everyo
obama wants congress to take the lead in getting the job done. the senate convenes later today and senate majority leader harry reid told members to be prepared to address fiscal cliff issues through the weekend. reid is working on his own plan to get lawmakers to come together before the end of the year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short term spending cuts instead of the massive long-term cuts that...
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Dec 27, 2012
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, with five days left until the fiscal cliff of tax hikes and spending cuts. the house planned to reconvene on sunday evening. a christmas season storm rolled through the northeast and new england, as the death toll climbed to 16. and lisa jackson announced she's stepping down as administrator of the environmental protection agency. and online, we've got a unique year-in-review of sorts. kwame holman has more. >> holman: science correspondent miles o'brien has had a most interesting 2012. he's crawled in sewage, cuddled with dolphins and played guinea pig to lots of experiments. watch some of the best outtakes of miles' science stories on the rundown. and we round up the most important lessons we've learned about helping kids stay in school from our series, american graduate. all that and more is on our web site newshour.pbs.org. margaret? >> warner: and that's the "newshour" for tonight. i'm margaret warner. >> brown: and i'm jeffrey brown. we'll see you online and again here tomorrow evening with mark shields and david brooks among others. thank you and good
, with five days left until the fiscal cliff of tax hikes and spending cuts. the house planned to reconvene on sunday evening. a christmas season storm rolled through the northeast and new england, as the death toll climbed to 16. and lisa jackson announced she's stepping down as administrator of the environmental protection agency. and online, we've got a unique year-in-review of sorts. kwame holman has more. >> holman: science correspondent miles o'brien has had a most interesting 2012....
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Dec 27, 2012
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obama and his cabinet are mixed. a new poll shows 52 percent of people surveyed approved of the president's performance while 43 percent disapprove. but as president joe biden's numbers are in line with the president. 54 percent approve of his job performance while 40 percent do not. first lady michelle obama has a 73 percent approval rating. all going secretary of state hillary clinton is also popular with a 66 percent approval rating. >> a new gallup poll shows a majority of americans supported stricter gun laws but most are against banning assault weapons. 58 percent of americans now say that they do support stricter gun laws. that is up from 43% in october 2011. 48% of the public say that they want to enforce current laws while 47 percent once the new legislation. the law to ban assault weapons which is backed by president obama has not gained much support since 2000 of 11 and october. 44 percent support the assault weapons ban what 51 percent are against it. >> education officials said santa cruz city schools ar
obama and his cabinet are mixed. a new poll shows 52 percent of people surveyed approved of the president's performance while 43 percent disapprove. but as president joe biden's numbers are in line with the president. 54 percent approve of his job performance while 40 percent do not. first lady michelle obama has a 73 percent approval rating. all going secretary of state hillary clinton is also popular with a 66 percent approval rating. >> a new gallup poll shows a majority of americans...
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Dec 26, 2012
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likely scenario being a partial deal and maybe spending the first few weeks in january to hammer out something more concrete and long-term? >> absolutely. what may happen and what a lot of economists and others have been predicting for a month or so is maybe we go over a cliff for a couple of days, there after they do decide to stop the tax hikes on 98% of the people. it makes it easier for republicans to then vote for that. they are not voting for a tax hike. they are voting to lower taxes on 98% of americans after we go over the cliff. after we go over the cliff, that may be what puts pressure on a number of members to coming to o to have a deal after the fact. >> on our air a few minutes ago, this is what she said about the tax increase including both boehner's plan b and the plans that are here by the white house. take a listen. >> i think it is essential that we start talking about what amount can be passed on a bipartisan basis. i am to believe she shouldn't tax anyone right now. i would have supported plan b. >> how can the white house make a deal or tax increase palatable to
likely scenario being a partial deal and maybe spending the first few weeks in january to hammer out something more concrete and long-term? >> absolutely. what may happen and what a lot of economists and others have been predicting for a month or so is maybe we go over a cliff for a couple of days, there after they do decide to stop the tax hikes on 98% of the people. it makes it easier for republicans to then vote for that. they are not voting for a tax hike. they are voting to lower...